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  • Deccan Aviation gets DGCA permission to fly abroad
  • Idea, BSNL agree to interconnect RCom's GSM service
  • Flight cancelled due to workers strike
  • Cancel 11 flights to & from Kolkata on 20 Aug
  • To launch Mumbai services on Wednesday
  • Deccan Aviation gets permission to fly to UK
  • RBI relief bonds can be used as collateral for bk loan
  • July Producer Price Index at 27-year high; up 1.2%
  • U.S. Housing Starts down 11% in July, lowest in 17 years
  • Board okays buy back at price not exceeding Rs.350/share
  • Cannot say if interest rates have peaked: NW
  • RBI steps, inflation to determine interest rates : NW
  • BSE Power up 0.26% , Bankex up 0.10%
  • BSE Teck down 1.38% , Consumer Durables down 1.17%
  • CNX MidCap down 0.29% , BSE Small Cap down 0.34%
  • Sensex down 0.70% at 14,543.73
  • Nifty down 0.56% at 4,368.25
  • Expectations of U.K having 2 qtrs of -ve GDP growth
  • See further concerns emerging in U.S economy
  • Govt could be lender of last resort to Fannie and Freddie
  • EMs have seen $20bn fund outflows in last 10 weeks
  • Deccan Aviation granted traffic rights on India-UK sector
  • Revenues seen flowing in from Q4'09: Sources
  • Initial order size at $20-$25mn: Sources
  • Contracts to be signed within 3 months: Sources
  • Astrazeneca, Merck visited Dishman's facilities: Sources
  • Dishman to get orders from Merck & Astrazeneca: Srcs
  • India may import 3-3.5 MT of diesel this year : Oil Secy
  • To raise tractor prices this month : Escorts
  • Aluminium, Copper prices to remain weak in H2 FY'09
Updated: 19/08/08 | 10:14 PM IST
Telecom
Even as Bharat Sanchar Nigam Limited employees plan to go on a strike from Wednesday opposing the government's move to take BSNL public, the chief of the largest telecom company in the country is convinced that its employees will not stop the company from going public.
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Ahead of the launch of Apple's inconic brand iPhone here, world's largest mobile phone maker Nokia on Tuesday unveiled its new converged device N96 under its 'N Series' stable.
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GSM operators may approach TDSAT challenging Trai's directive, which asked them to give interconnection to Reliance Communication GSM network.
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Mobile phones and advanced handsets like the Blackberry devices were expected to make computers redundant soon but now it may be the turn of laptops and desktops to turn the tables.
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Telecom regulator TRAI on Monday allowed ISPs to offer unrestricted internet telephony services, a move that will further boost competition in the domestic long distance segment and lower STD tariffs.
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Eight telecom operators from Asia, Europe and the Middle East have been selected from the pre-qualification process for the sale of a 25 per cent stake of Oman's leading telecommunication services provider Omantel.
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BSNL has set an ambitious target of starting next generation 3G mobile services in December to take a lead over private operators and has placed the purchase orders for the northern, eastern and western zones.
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Bharti Airtel on Sunday launched in the UK its virtual calling card service – Airtel CallHome – helping 1.6 million NRIs and students to call India at a cheaper rate of just 3.5 pence a minute.
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Aditya Birla group firm Idea Cellular on Thursday said it has deferred its open offer for an additional 20 per cent stake in Spice Communications following a delay in approval for the same from the market regulator SEBI.
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Bharti took the lead by unlocking value in its tower arm, Infratel, in a billion dollar transaction. This showed the way for others like Reliance Communication and Idea to also divest stakes.
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Special
Wholesale prices in the US rising at fastest pace since 1981
The US Labor Department said its Producer Price Index rose by 1.2 per cent in July, pushed higher by rising costs for energy and motor vehicles. Food prices rose by 0.3 per cent.

 
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